All undergraduates at Florida State University must demonstrate basic computer skills competency prior to graduation. As necessary computer competency skills vary from discipline to discipline, each major determines the courses needed to satisfy this requirement. Undergraduate majors in risk management/insurance and real estate satisfy this requirement by earning a grade of "C–" or higher in CGS 2100.

The State of Florida has identified common program prerequisites for this department's University degree programs. Specific prerequisites are required for admission into these upper-division programs and must be completed by the student at either a community college or a state university prior to being admitted to these programs. Students may be admitted into the University without completing the prerequisites, but may not be admitted into these programs.

At the time this document was published, some common program prerequisites were undergoing revision. Please visit http://facts23.facts.org/navigation/detail_ext/cpp_intro.do?pageId=060304 for a current list of state-approved prerequisites.

The following lists the common program prerequisites or their substitutions necessary for admission into these upper-division degree programs:

Risk Management/Insurance

1. ACG X021 or ACG X022 or ACG X001 and ACG X011
2. ACG X071 or ACG X301
3. CGS X100 (or demonstrated competency) or CGS X100C or CGS X530 or CGS X570 or CGS X060 or CGS X531 or CGS X000 or ISM X000
4. ECO X013
5. ECO X023
6. MAC X233 or MAC X230
7. STA X023 or STA X122 or QMB X100

Real Estate

1. ACG X021 or ACG X022 or ACG X001 and ACG X011
2. ACG X071 or ACG X301
3. CGS X100 (or demonstrated competency) or CGS X100C or CGS X530 or CGS X570 or CGS X060 or CGS X531 or CGS X000 or ISM X000
4. ECO X013
5. ECO X023
6. MAC X233 or MAC X230
7. STA X023 or STA X122 or QMB X100

Risk Management/Insurance Program

The curriculum in risk management/insurance provides students with the knowledge necessary to analyze the impact of risk and uncertainty upon business and society. Students who major in risk management/insurance prepare for a career in insurance, consulting, financial services, or corporate risk management. Classes cover a variety of topics, including analysis of the risk management process with a focus on enterprise risk management.

Students may coordinate their academic programs with the licensing examinations of the State of Florida and with the professional examinations of the Chartered Property and Casualty Underwriters (CPCU) program, the Chartered Life Underwriters (CLU) program, and other professional programs.

Requirements for a Major in Risk Management/Insurance

All students must complete:

1. the University-wide baccalaureate degree requirements summarized in the "Undergraduate Degree Requirements" chapter of this General Bulletin
2. the State of Florida common program prerequisites for risk management/insurance majors
3. the general business core requirements for risk management/insurance majors
4. the general business breadth requirements for risk management/insurance majors; and
5. the major area requirements for risk management/insurance majors.

Note: To be eligible to pursue a risk management/insurance major, students must meet the admission requirements of the College of Business. These admission requirements are described in the "College of Business" chapter of this General Bulletin.

General Business Core Requirements

All risk management/insurance majors must complete the following five courses. A grade of "C–" or better must be earned in each course.

BUL 3310 The Legal and Ethical Environment of Business (3)

FIN 3403 Financial Management of the Firm (3)

GEB 3213 Business Communications (3)

MAN 3240 Organizational Behavior (3)

MAR 3023 Basic Marketing Concepts (3)

General Business Breadth Requirements

All risk management/insurance majors must complete three courses as follows. Each course selected must be completed with a grade of "C–" or better.

REE 3043 Real Estate (3)

RMI 3011 Risk Management and Insurance (3)

Plus one elective from the following list of courses:

FIN 3244 Financial Markets, Institutions, and International Finance Systems (3)

HFT 3240 Managing Service Organizations (3)

ISM 3003 Foundations of Management Information Systems (3)

MAN 3600 Multinational Business Operations (3)

MAN 4720 Strategic Management and Business Policy (3)

MAR 3400 Professional Selling (3)

QMB 3200 Quantitative Methods for Business Decisions (3)

Major Area Requirements

All risk management/insurance majors must complete six courses as listed below. A grade of "C–" or better must be earned in each course used to satisfy the risk management/insurance major area requirements.

RMI 4115 Life Insurance Products (3)

RMI 4224 Property and Casualty Insurance Products (3)

RMI 4292 Property and Casualty Insurance Operations (3)

RMI 4347 Commercial Risk Management (3)

Plus at least two electives from the following list of courses:

RMI 4135 Employee Benefit Plans (3)

RMI 4295 Advanced Property and Casualty Insurance (3)

RMI 4420 Legal and Political Aspects of Insurance (3)

Students also should consider completing RMI 4308r Seminar in Risk and Its Control (3); topics in this course vary by term. Selection of electives should be made after consultation with a faculty adviser in order to satisfy the student's interests and to qualify the student for the state licensing examinations and professional designations.

Real Estate Program

The real estate program provides a foundation for students seeking a broad understanding of the real estate market and its participants. Students are introduced to such concepts as urban economics, market behavior, valuation, finance, investment analysis, and real estate law. In general, the curriculum is designed to develop the fundamental skills necessary to make effective real estate business, investment, and consumption decisions. More specifically, the program equips students to enter a wide variety of real estate related professions (e.g. investment and portfolio analysis, institutional lending and mortgage banking, brokerage, appraisal, property management, and property development).

Students may coordinate their academic programs with licensing examinations of the State of Florida. Completion of the real-estate major partially fulfills the requirements to be licensed as a real estate sales associate, or certified as a general appraiser, in the State of Florida.

Requirements for a Major in Real Estate

All students must complete:

1. the University-wide baccalaureate degree requirements summarized in the "Undergraduate Degree Requirements" chapter of this General Bulletin
2. the State of Florida common program prerequisites for real estate majors
3. the general business core requirements for real estate majors
4. the general business breadth requirements for real estate majors; and
5. the major area requirements for real estate majors.

Note: To be eligible to pursue a real estate major, students must meet the admission requirements of the College of Business. These admission requirements are described in the "College of Business" chapter of this General Bulletin.

General Business Core Requirements

All real estate majors must complete the following five courses. A grade of "C–" or better must be earned in each course.

BUL 3310 The Legal and Ethical Environment of Business (3)

FIN 3403 Financial Management of the Firm (3)

GEB 3213 Business Communications (3)

MAN 3240 Organizational Behavior (3)

MAR 3023 Basic Marketing Concepts (3)

General Business Breadth Requirements

All real estate majors must complete three courses as follows. Each course selected must be completed with a grade of "C–" or better.

REE 3043 Real Estate (3)

RMI 3011 Risk Management and Insurance (3)

Plus one elective from the following list of courses:

FIN 3244 Financial Markets, Institutions, and International Finance Systems (3)

HFT 3240 Managing Service Organizations (3)

ISM 3003 Foundations of Management Information Systems (3)

MAN 3600 Multinational Business Operations (3)

MAN 4720 Strategic Management and Business Policy (3)

MAR 3400 Professional Selling (3)

QMB 3200 Quantitative Methods for Business Decisions (3)

Major Area Requirements

All real estate majors must complete the five courses listed below. A grade of "C–" or better must be earned in each course used to satisfy the real estate major area requirements.

REE 4103 Real Estate Appraisal (3)

REE 4143 Real Estate Market Analysis (3)

REE 4204 Real Estate Finance (3)

REE 4313 Real Estate Feasibility Analysis (3)

REE 4433 Legal Environment of Real Estate (3)

Selection of upper-division electives to satisfy the University-wide total hours requirement should be made after consultation with the student's faculty adviser.

BUL—Business Law

REE—Real Estate

RMI—Risk Management/Insurance

BUL 3310. The Legal and Ethical Environment of Business (3). An introduction to the legal setting in which business operates. Emphasis on business ethics. Legal topics include the nature of the law and the legal process, administrative law, business and the Constitution, statutory and common law, regulatory law, and agency/unemployment law.

BUL 3330. Law for Accountancy (3). This course surveys basic concepts of law as applied to the accounting profession, including contracts, agencies, partnerships and corporations, property, wills and trusts, securities regulation, consumer protection, and antitrust. Students may not receive credit for both BUL 3310 and BUL 3330.

BUL 3350. Uniform Commercial Code Business Law Problems (3). Prerequisite: BUL 3310 or BUL 3330. Uniform Commercial Code. The law of sales, commercial paper, secured transactions, competition, and the antitrust laws; professional liability.

REE 3043. Real Estate (3). Survey introduction to real estate, real estate evaluation, and real estate investment decision making. The course, in addition to REE 4433, meets the FREC educational requirement for real estate sales licensing.

RMI 3011. Risk Management/Insurance (3). An introduction to the principles of risk management and insurance and their application to personal and business pure risk problems.

REE 4103. Real Estate Appraisal (3). Prerequisite: REE 3043. The course acquaints the student with the appraisal process and the basics of appraisal language. It also demonstrates the application of a variety of valuation techniques to both residential and income properties.

REE 4143. Real Estate Market Analysis (3). Prerequisites: REE 3043 and REE 4103. (Note: REE 4103 and 4143 cannot be taken concurrently.) Topics in this course include techniques of real estate market analysis, survey research, and applications of computers to real estate problems.

REE 4204. Real Estate Finance (3). Prerequisites: REE 3043 and FIN 3403. An intermediate treatment of real estate finance, investment, and tax analysis. Coverage includes mortgage markets, financing devices, and quantitative evaluation of real estate projects.

REE 4313. Real Estate Feasibility Analysis (3). Prerequisites: REE 3043 and REE 4103 or REE 4204 or departmental permission. A course synthesizing real estate finance, investment analysis, and project planning. Project oriented, treating the comprehensive feasibility analysis process.

REE 4433. Legal Environment of Real Estate (3). Prerequisites: BUL 3310 and REE 3043. An intermediate treatment of the legal environment of real estate and real estate decision making. The course emphasizes common law rules and legal considerations inherent in contemporary real property decisions. The course, in addition to REE 3043, meets the FREC educational requirements for real estate sales licensing.

REE 4905r. Directed Individual Study (1–3). May be repeated to a maximum of nine (9) semester hours.

REE 4970r. Honors Thesis (1–6). Prerequisite: Admission to the honors program. May be repeated to a maximum of nine (9) semester hours. Six (6) semester hours of thesis are required to complete honors in the major.

RMI 4115. Life and Health Insurance Products (3). Prerequisite: RMI 3011. Analysis of personal and business life and health insurance needs, characteristics of plans appropriate to meet needs. Life insurance rating, receiving, underwriting, and financial statement analysis are also studied.

RMI 4135. Employee Benefit Plans (3). Prerequisite: RMI 3011. Study of basic concepts and managerial concerns underlying the group insurance mechanism and the characteristics of various qualified retirement planning vehicles.

RMI 4224. Property and Casualty Insurance Products (3). Prerequisite: RMI 3011. Analysis of more common basic insurance contracts—their use and coverage afforded as a fundamental basis for understanding legal, underwriting, marketing, financial, and other insurance functions.

RMI 4292. Property and Casualty Insurer Operations (3). Prerequisite: RMI 3011. A discussion of the composition, financial structure, and operations of the insurance industry. Special consideration is given to consumer problems and solutions.

RMI 4295.  Advanced Property and Casualty Insurance (3). Prerequisite: RMI 4224. A study of business insurance problem evaluation and planning with proposed solutions utilizing comprehensive coverage package programs.

RMI 4308r.  Seminar in Risk and Its Control (3). Prerequisite: Instructor permission. May be repeated to a maximum of six (6) semester hours.

RMI 4347. Commercial Risk Management (3). Prerequisite: RMI 4224. Application of the risk management process. Includes risk control, risk financing, and business risk management problems.

RMI 4420. Legal and Political Aspects of Insurance (3). Prerequisites: BUL 3310 and RMI 3011. Insurance contracts and marketing—judicial doctrines of contract construction, claims processes, insurance institutions, governmental regulation, and sponsorship of insurance.

RMI 4905r. Directed Individual Study (1–3). May be repeated up to three (3) times.

RMI 4970r. Honors Thesis (1–6). Prerequisite: Admission to the honors program. May be repeated to a maximum of nine (9) semester hours. Six (6) semester hours of thesis are required to complete honors in the major.

BUL 5810. The Legal and Ethical Environment of Business (4).

BUL 5907r. Directed Individual Study (1-3).

REE 5205. Topics in Real Estate Finance and Appraisal (3).

REE 5209. Advanced Real Estate Finance and Investment (3).

REE 5305. Real Estate Investment (3).

REE 5315. Real Estate Project Feasibility Analysis (3).

REE 5435. Real Estate and Its Legal Environment (3).

REE 5907r. Directed Individual Study (1-3)

REE 5935r. Special Topics in Real Estate (1–3).

RMI 5011C. Fundamentals of Risk and Insurance (4).

RMI 5136. Employee Benefit Plans (3).

RMI 5225C. Property/Liability Insurance Contract Analysis (3).

RMI 5345. Risk Management in the Business Enterprise (3).

RMI 5710C. Insurance Company Operations (3).

RMI 5720C. Insurance Accounting and Finance (3).

RMI 5810C. Personal Financial Planning (3).

RMI 5906r. Directed Individual Study (1–3). (S/U grade only.)

RMI 5907r. Special Studies in Management (1–3).

RMI 5917r. Supervised Research (1–3). (S/U grade only.)

RMI 5935r. Special Topics in Risk Management and Insurance (1–3).

RMI 5946r. Supervised Teaching (1–3). (S/U grade only.)

RMI 6195. Doctoral Seminar in Insurance: Life/Health Insurance Topics (3).

RMI 6296. Doctoral Seminar in Insurance: Property/Liability Insurance Topics (3).

RMI 6395. Doctoral Seminar in Risk and Insurance Theory (3).

RMI 6917r. Supervised Research in Risk Management and Insurance (1–3). (S/U grade only.)

RMI 6946r. Supervised Teaching (1–3). (S/U grade only.)

For listings relating to graduate course work for thesis, dissertation, and master's and doctoral examinations and defense, consult the Graduate Bulletin.